Bridgestone has announced a new Global Sustainable Procurement Policy to help identify and evaluate qualified suppliers, promote best practices, and serve as a communication and improvement tool for the industry. The policy is applicable to all purchased materials and services, as well as all suppliers globally.
Guided by Bridgestone’s “Our Way to Serve,” the new policy aligns with Bridgestone’s goal of using 100% sustainable materials* in our products as the long-term vision by 2050 and beyond. It combines previous company guidelines into a single document that sets minimum requirements to conduct business with Bridgestone, as well as preferred practices that can contribute to faster realization of sustainable supply chains. As a large user of natural rubber, the policy describes Bridgestone’s expectations with respect to critical issues within the complex global natural rubber supply chain. An extensive document, the policy addresses four major areas of focus: • Transparency – including traceability and good governance; • Compliance – adhering to laws and regulations in the countries and regions in which Bridgestone conducts business; • Quality, Cost and Delivery (QCD) & Innovation – ensuring high quality materials and services are delivered on time and at reasonable costs, while also pursuing innovative technologies that support improvements across global communities; • Sustainable Procurement Practices – incorporating environmentally responsible procurement, such as compliance with environmental laws and regulations, respect for human rights, water use, land use and conservation, health, safety, disaster prevention and resilience.
*The Bridgestone Group defines sustainable materials as materials that “1) that come from resources with a guaranteed continual supply, 2) that can be used as part of our business over the long-term, and 3) that have a low environmental and social impact over the lifecycle from procurement to disposal.”
Read the full press release here.
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